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Stock Downgrades: Sky Falls on Tyson Foods


Wall Street ratings agencies set the tone for today's stock market.

MINYANVILLE ORIGINAL An upbeat research recommendation on prison operator Corrections Corp. (CXW) saw it advance on an otherwise down day. As did Tyco International (TYC), up 1.25%, and Leapfrog Enterprises (LF), a 2.24% gainer. Neither appears to have been hurt by its animating influences spending some time behind bars.

No top-tier economic data due today but expect earnings announcements out of Helen of Troy (HELE), Hi-Tech Pharmacal (HITK), Shaw Group (SHAW), Wolverine Worldwide (WWW), and Zep Inc. (ZEP).

ACI Worldwide (ACIW): Shares are downgraded to Neutral from Buy at Janney Montgomery Scott.

Allegiant Travel (ALGT): The stock is now Neutral from Buy at Sterne Agee.

American National Bankshares (AMNB): BB&T Capital cuts the company to Hold from Buy.

AptarGroup (ATR): ATR is taken to Hold from Buy at Keybanc following its negative earnings pre-announcement yesterday.

Arkansas Best (ABFS): Shares are downgraded to Neutral from Buy at Sterne Agee.

Bridgepoint Education (BPI): BPI is cut to Market Perform from Outperform at William Blair.

Eaton Vance (EV): The financial firm is lowered to Underperform from Neutral at Bank of America-Merrill Lynch.

Fiserv (FISV): FISV is downgraded to Neutral from Buy with an $80 objective at Robert W. Baird amid valuation concerns.

Forest Oil (FST): Shares are downgraded to Sector Perform from Outperform at RBC Capital.

GDF Suez (GDFZY): The French utility giant gets cut to Neutral from Outperform at Credit Suisse, sending shares lower in European trading today.

Ingersoll-Rand (IR): The stock is lower before the bell on a downgrade to Underweight from Neutral at Atlantic Equities.

Interactive Brokers (IBKR): Shares are downgraded to Hold from Buy at Stifel Nicolaus.

Limited Brands (LTD): LTD is lowered to Hold from Buy at Argus based on slowing growth prospects and difficult comps.

Louisiana-Pacific (LPX): LPX is downgraded to Sector Perform from Outperform at RBC Capital.

MAKO Surgical (MAKO): Shares are moved to Neutral from Buy at Goldman Sachs.

MAXIMUS (MMS): The stock is downgraded to Market Perform from Outperform at Raymond James.

Pearson Plc (PSO): The Financial Times publisher gets downgraded to Hold from Buy at Deutsche Bank.

Sony (SNE): Shares are downgraded to Neutral from Buy at Citigroup.

Synacor (SYNC): Citi slashes SYNC to Sell from Neutral.

Tyco (TYC): TYC is taken to Neutral from Overweight at Atlantic Equities.

Tyson Foods (TSN): The chicken processor is now Neutral from Overweight at JPMorgan.

Viacom (VIAB): The MTV owner is now Neutral from Buy at UBS.

(See also: Stock Upgrades: Love in the Air for Southwest and New Stock Coverage: Betting the House on Casino Companies.)
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